7029 Elm Tree LnJohns IslandSC29455
Nearby investment properties with comparable rents
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Johns Island at 7029 Elm Tree Ln, Johns Island, SC, 29455 earns $535/mo cash flow from $4,673/mo rent with a $3,402/mo payment. Total monthly income totals $4,673/mo, and annual cash flow totals $6,426/yr on $228,655 capital. ROI tracks 22.87% on current figures, and rental yield reads 8.07% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 118.38% and total cumulative return in cash sums $270,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,673/mo property income instead of your personal income.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29455, Johns Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,672 (100%) |
| Owner Occupied HU | 11,667 (59.3%) |
| Renter Occupied HU | 2,685 (13.6%) |
| Vacant Housing Units | 5,320 (27.0%) |
| Median Home Value | $618,048 |
| Average Home Value | $823,749 |
Housing Distribution
Address Breakdown
Residential
18,312
Single Family
17,492
Multi-Family
820
Businesses
663
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Listed by: N/A • AgentOwned Realty Preferred Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #25023590
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.